The Committee on Environmental Policy, Use of Natural Resources and Chornobyl Aftermath Mitigation deems the draft law to amend Final Provisions and Transitional Provisions of the Budget Code of Ukraine regarding peculiarities of environmental tax rates usage requires refinement

Information Department
15 November 2012, 15:21

The bill (Reg. No. 11331) suggests adjusting the order of postponement the increase of interest tax obligation rates from the environmental tax, suggested by the draft law “To amend Chapter XX “Transitional Provisions” of the Tax Code of Ukraine re peculiarities of environmental tax rates usage” to the provisions of the budget legislation. Particularly, the document settles legal relations pertaining to the order of receipt of revenues from environmental tax, including postponement the increase of interest tax obligation rates from the environmental tax, in to the special fund of state and local budgets.

 

By results of discussion, the decision was adopted to recommend the Committee on Budget recommit the bill to the subject of legal initiative for refinement.